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Hardware Asset Management is the process of monitoring and managing the entire lifecycle of physical IT elements (laptops, desktops, servers, etc.) in a business environment.

Software Asset Management is all of the infrastructure and processes necessary for the effective management, control, and protection of the software assets within an organization throughout all stages of their lifecycle.

Procurement management is responsible for overseeing all the processes involved in acquiring the hardware and software products needed for efficient business operations.

An inventory audit is a process where a business cross-checks its financial records against its inventory records. It is a vital part of inventory management process. It is done to ensure all records are accurate and uncover any discrepancies in inventory count or financial records.

When you have many service providers, they all have their own ways of working and their own governance style. Applying SIAM provides the organization with governance, coordination, management, assurance, and of course, integration